David Hoffman, founder of specific content personal studio Bankless, apologized for spreading rumors, saying it was also a "carpet bombardment" of Booz notifications for landing password companies, including the decentralized financial industry agreement Lido Finance.

Carpet bombing refers to many of the notices received by Wells Fargo last week, and Hoffman said insiders told him that such notices had been sent to login password companies. She shared the unconfirmed message on the no financial institutions show podcast on March 3.

Many Wells Fargo notices have been posted to many Defi applications. [.] Last week, the whole market issued a notice from Wells Fargo. It hasn't even been made public. "he said, adding," I think Lido got one. "

On the same day, Hoffman responded on Twitter that Lido denied this view and apologized for the rumor's reference to the agreement. "Lido is not worth paying special attention to here," he said, and then strictly enforced, unannounced oil and gas well notices have already been sent to data encryption companies:

After reviewing with other sources, it seems widely believed that some of Wells Fargo's notices are unannounced, but it is unlikely to know how many notices there are or how many notifications have been received recently.

According to CoinMarketCap, this rumor caused the price of LDO tokens to fall by nearly 20 per cent on March 3. Lido Financial didn't immediately respond to Cointelegraph's request for comment.

The Booz notice is a warning from regulators to notify irregularities revealed by the investigation. Fundamentally speaking, this is also a letter telling companies that they are going to take enforcement action.

Paxos, a foreign investor in Sablecoin, recently received a notice from Wells of the Foreign Securities and Exchange Commission (SEC), mainly because the company is suspected of violating the investor protection law, involving its Binance securities. (BU.S.) stablecoin, which the federation claims is an unregistered securities.

Rumors of a Wells Fargo notice have recently weakened the social circle of USDC publishers. Dante Dippat, Circle Pay's chief strategy officer and head of current policy around the world, quickly refuted this conjecture, according to Cointelegraph.